Bitwise CIO Says Bitcoin Wins in All 3 Economic Scenarios as Macro Risks Mount
13 Articles
13 Articles
Boom or Bust, Bitcoin Wins the AI Trade, Bitwise CIO Says
In a note to investors, Matt Hougan used a “Choose Your Own Adventure” framework to argue that superabundance, an AI bust or a muddle-through economy all ultimately funnel to the same place: Bitcoin higher.
Matt Hougan: Bitcoin Wins Regardless of AI Boom or Bubble Burst
TL;DR Matt Hougan believes Bitcoin could benefit from both an AI-driven economic boom and the bursting of an artificial intelligence investment bubble. If AI investments trigger a financial crisis, Hougan expects monetary stimulus and interest rate cuts to support Bitcoin’s recovery after an...
Key points of the news: Matt Hougan argues that Bitcoin could benefit both from an economic boom driven by artificial intelligence and from the bursting of a bubble. If AI investments cause a crisis, Hougan hopes that monetary stimuli and tax cuts will favor a recovery of Bitcoin after a fall in the world. ... Read more
Bitcoin's AI-driven rally faces a hidden danger if the machines get richer but workers don't
Bitwise CIO Matt Hougan argued in an Oct. 14 memo that nearly every macroeconomic path ends with Bitcoin higher, including an extraordinary AI productivity boom that makes scarce assets more valuable. Two days earlier, the Bank for International Settlements published a working paper that models a fourth path. In it, AI automates work and lifts… Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Ge…
Matt Hougan Says Bitcoin Could Rise Under Almost Any Macro Scenario
Bitwise CIO says bitcoin wins whether AI booms, busts, or the economy muddles on. His case leans on a bailout he calls nearly 100% likely if the AI bubble bursts. Hougan admits Covid cut bitcoin 50% in days before a roughly twentyfold rebound. Matt Hougan, chief investment officer at Bitwise, has told investors that it barely matters which way the economy turns, because Bitcoin ends up higher in almost every scenario. This thesis arrives as Bitc…
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